The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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Stock market news for Canadian investors: Cineplex, McDonald’s report earnings Feb 12th
Companies that reported earnings this week
Cineplex
McDonald’s
L.A. wildfires, U.S. tariff threats don’t have Cineplex execs worried
Source: Google
Cineplex (TSE: CGX)
Q4 earnings: $3.3 million or five cents per share, compared with a loss of $9.0 million or 14 cents pe.... More »
What is a market-linked GIC? Nov 27th
If you’ve been checking out GICs lately, it’s likely because of the record gains from recent interest rate hikes. Interest rates for guaranteed investment certificates have steadily increased as the Bank of Canada (BoC) has raised its benchmark rate over the past year and a half. At some financi.... More »
What’s my RRSP contribution limit? Dec 12th
Your RRSP contribution limit is the maximum amount you can add to your registered retirement savings plan each year without triggering penalties. It’s based on your unused RRSP deduction room plus 18% of your previous year’s earned income, up to the annual CRA limit.
Use our RRSP contri.... More »
The best high-interest savings accounts in Canada for 2025 + MORE Oct 14th
Savings comparison tool
Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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The best banks in Canada + MORE Oct 16th
Most Canadians are aware of the Big Five banks: RBC, TD, Scotiabank, BMO and CIBC. And some may even know that occasionally National Bank of Canada sneaks in and expands that list to six. But even with these accounted for, there are dozens of banks in this country, each offering its own suite of per.... More »
Wealthsimple review 2020
– moneysense.ca
Maybe you’re here for our Wealthsimple review because its slick ads featuring frank talk on finances from Hollywood actors, such as Mark Duplass and Aubrey Plaza, made you curious. Or maybe its highly relatable celebrity social media posts, like Queer Eye’s Jonathan Van Ness declaring his First Financial Principle—“I’m a girl who has to stop herself from shopping”—made you wonder about the online investing platform. Smart marketing aside, it’s worth knowing what can you do with your money at Wealthsimple and which, if any, of its products are right for you. Here’s what you need to know about investing with Wealthsimple, including its various product offerings and how it all works.
Investing with Wealthsimple: quick overview
Pros:
Investing with Wealthsimple: quick overview
Pros:
Easy setup: It takes just a few minutes to create a Wealthsimple Invest account. After inputting your personal information, including your social insurance number, you answer a survey about your finances and investing interest. Based on your answers, you are matched with one of three broad portfolio types based on your risk tolerance and investment timeline: conservative, balanced or growth…
